Updated 2 Days Ago
Location
1601 Frederick St Se, Olympia, WA 98501, USA|Indian Creek
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Property Overview
1601-1603 Frederick Street Southeast has a Zumper expert rating that reflects its overall appeal, with pros and notable features that help define its value. It offers characteristics that may be attractive to a range of renters while standing out for the qualities identified in the review.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Middle school nearby
- More space
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 800 sqft | $1,400 /mo | 1 unit available | This cute 1 bed 1 bath is pet friendly (restrictions apply) has a large front porch a side and back yard. Non-Smoking, 12-month lease; Move-in cost include Rent$ 1,400 refundable security deposit $1400 Total cost $2,800.00 Tenant responsible for all utilities. Animal deposit amount equal to 25% of the rent, if approved. This home is occupied and in person tours will be limited and prescheduled. Please review our qualifications under listings at www mvppropertypros com Email is best so you can receive our 360 tour link prior to in-person viewing. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 2 |
|---|
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About 1601-1603 Frederick Street Southeast
This cute 1 bed 1 bath is pet friendly (restrictions apply) has a large front porch a side and back yard. Non-Smoking, 12-month lease; Move-in cost include Rent$ 1,400 refundable security deposit $1400 Total cost $2,800.00 Tenant responsible for all utilities. Animal deposit amount equal to 25% of the rent, if approved. This home is occupied and in person tours will be limited and prescheduled. Please review our qualifications under listings at www mvppropertypros com Email is best so you can receive our 360 tour link prior to in-person viewing.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 1601-1603 Frederick Street Southeast is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1601-1603 Frederick Street Southeast has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1601-1603 Frederick Street Southeast offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1601-1603 Frederick Street Southeast is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1601-1603 Frederick Street Southeast is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1601-1603 Frederick Street Southeast does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1601-1603 Frederick Street Southeast compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Middle school nearby
- There is a middle school 1 mile away
- More space
- The 1-bedroom is 150 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Indian Creek
1-bedroom apartments at 1601-1603 Frederick Street Southeast cost about 7% less than the average rent price for 1-bedroom apartments in Olympia.
Median rents as of Jul 18 2026.
Olympia
| Month | Median Rent |
|---|---|
| August 2024 | $1,266 |
| September 2024 | $1,237 |
| October 2024 | $1,281 |
| November 2024 | $1,281 |
| December 2024 | $1,284 |
| January 2025 | $1,288 |
| February 2025 | $1,285 |
| March 2025 | $1,288 |
| April 2025 | $1,275 |
| May 2025 | $1,280 |
| June 2025 | $1,256 |
| July 2025 | $1,255 |
| August 2025 | $1,294 |
| September 2025 | $1,314 |
| October 2025 | $1,292 |
| November 2025 | $1,306 |
| December 2025 | $1,299 |
| January 2026 | $1,277 |
| February 2026 | $1,271 |
| March 2026 | $1,250 |
| April 2026 | $1,238 |
| May 2026 | $1,252 |
| June 2026 | $1,295 |
| July 2026 | $1,283 |
Affordability calculator
Can I afford to live at 1601 Frederick St Se?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 1-bedroom monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
Schools near 1601-1603 Frederick Street Southeast
Madison Elementary School
1225 legion way se
olympia, WA, 98501
PK, K-5Public
B+
Ignite Family Academy
411 6th ave ne
lacey, WA, 98516
K-8Public
Summit VIrtual Academy
305 college st ne
lacey, WA, 98516
K-12Public
Tumwater Virtual Academy
7299 new market st sw bldge e
tumwater, WA, 98501
K-12Public
Washington Connections Academy
111 tumwater blvd se
tumwater, WA, 98501
K-8Public
B-
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Internet available near 1601-1603 Frederick Street Southeast
Neighborhood
Indian Creek | Olympia, WA
Getting around Olympia near 1601 Frederick St Se
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 1601 Frederick St Se, Olympia
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
2/10
Few or no bars within walking distance
Explore the area around 1601 Frederick St Se
Ramirez Mexican Store
2112 Myrtle Pl SE
Bayview Thriftway
1932 4th Ave E
Stormans Inc
1932 4th Ave E
Ralph's Thriftway Bakery
1908 4th Ave E
Ralph's Thriftway
1908 4th Ave E
Judy's Intimate Apparel, Inc
2528 Pacific Ave SE
Weddings With Joy
3003 Pacific Ave SE
Grace Kelley Designs LLC
521 Union Ave SE
Ross Dress For Less
3415 Pacific Ave SE
Children's Hospital & Regional
301 5th Ave SE
Madres Espresso
2747 Pacific Ave SE
Duarte, Lorenzo
2302 4th Ave E
Twister Donuts
2302 4th Ave E
Starbucks
1908 4th Ave E
Zoe Juice Bar
1851 State Ave NE
Boulevard Tavern
2221 Pacific Ave SE
State & Central
1415 State Ave NE
Aztec Lanes
2825 Martin Way E
Fatso's Bar & Grill
3205 Martin Way E
Oly Rockfish Grill
700 4th Ave E
Seattle Shellfish
2101 4th Ave E
Left Bank Pastry
1001 4th Ave E
Spud's Produce Market
2828 Capitol Blvd S
Gotti Sweets
422 Legion Way SE
Albertsons Bakery
3520 Pacific Ave SE
Playground
McGrath Woods Park
Forest
Garden
Forest
Perfect Cup
2747 Pacific Ave SE
Boulevard Tavern
2221 Pacific Ave SE
Honeycuspe
2504 Pacific Ave SE
Taco-Lote
2504 Pacific Ave SE
Eastside Big Tom
2023 4th Ave E
Boulevard Rd / 18th Ave
College St / Amtrak
Boulevard Rd at 18th Ave
College St/Amtrak
22nd Ave / Wilson St
Boulevard Rd. / Yelm
22nd Ave at Wilson St
Agate Point
22nd Ave at Cain Rd
Agate Point
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